Pakistan”s manufacturing sector demonstrated its strongest performance in a year, with a key economic index climbing to 53.6 in February, signalling a notable expansion in industrial activity.
Advisor to the Finance Minister Khurram Shahzad said today that the increase is reflected in the HBL-S and P Economic Indicators..
This positive development in industrial growth and business activities is being attributed to strategic support from the Special Investment Facilitation Council (SIFC).
The surge is underpinned by a rise in new orders and increased export demand, which points to growing business confidence and an expansion in overall industrial output.
Growth in production has been recorded across more than ten major industries, including key sectors such as automobiles, fertilisers, cement, sports goods, and furniture.